It`s not so much that man, it`s just the sheer level of new labels every week, it has made people take new labels less seriously.
Getting avoice as a new producer on a new label is a real tough thing to do, but everyone thinks it is the way forward.

And this is what happens with most new labels.
To get the sales up and for 002 to go anywhere, new labels go for a big name.
Let`s say Dave Clark for example.
Record sells.
Why, because of Dave Clark.
Fans that bought it for Dave Clark will then buy whatever other release Dave Clark does next month, and said new label, who doesn`t have big name for following release, gets overlooked again.
So you get caught in the trap of making your label an outlet for the big names, which defeats the purpose.
OR you need to do something really original, which of course means taking a risk, which few are willing to do, and fewer distributers are willing to distribute.

You`ll see for yourself, running labels is no walk in the park.
Good luck by the way.